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EWY vs FLCA

iShares MSCI South Korea ETF

EWYCNYSE Arca

Franklin FTSE Canada ETF

FLCAANYSE Arca

Overlap

Expense ratio

FLCA −0.50pt a year

EWY0.59%FLCA0.09%

Avg volume · 30D

EWY 366.9×the volume

EWY18MFLCA49K

5Y return · a year

EWY +4.7pt

EWY+16.4%FLCA+11.7%

EWY vs FLCA Performance

Oct 29, 2021 – Oct 30, 2026

+113.7%EWY+73.7%FLCA

Oct 29, 2021 to Oct 30, 2026. EWY +113.7%. FLCA +73.7%. Use the arrow keys to read each point.−50%0%150%200%Oct 2021Apr 2024Oct 2026
Expense ratio
EWY 0.59%
FLCA 0.09%, better
Fund size
EWY $22.3B
FLCA $857M
1Y total return
EWY +61.2%, better
FLCA +21.5%
Yield (12M)
EWY 1.33%
FLCA 1.70%, better
Holdings
EWY 79
FLCA 92
Avg volume (30D)
EWY 18M sh, better
FLCA 49K sh
NAV per share
EWY $152.17
FLCA $54.21
52W range

ETF.net Grade

EWY: Cost 18, Risk 24, Mission 57, Tradability 66, Holdings 38, Durability 84. FLCA: Cost 93, Risk 87, Mission 65, Tradability 69, Holdings 81, Durability 53.
Pillar letters and Scores for EWY, FLCA, with each pillar’s weight
PillarEWYFLCA
Cost30% weightF18A93Higher
Mission25% weightB57B65Higher
Risk15% weightF24A87Higher
Tradability15% weightB66B69Higher
Holdings10% weightD38A81Higher
Durability5% weightA84HigherC53

Rank among Developed Single Country funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EWY and FLCA are both graded against the same 38 Developed Single Country funds, so their Grades compare head to head.

Developed Single Country⁠

Category · 38 funds
See all 38 ›

FLCA ranks 1st and EWY 30th of 38 funds in the Developed Single Country Category.

  1. Rank 1AEWCiShares MSCI Canada ETFScore 78
  2. Rank 1AFLCAFranklin FTSE Canada ETFScore 78
  3. Rank 3AFLGBFranklin FTSE United Kingdom ETFScore 76
  4. Rank 29CIZRLARK Israel Innovative Technology ETFScore 42
  5. Rank 30CEWYiShares MSCI South Korea ETFScore 41
  6. Rank 31CISRAVanEck Israel ETFScore 40

Our read on each fund

ETF.net Research

EWYCiShares MSCI South Korea ETF

FLCAAFranklin FTSE Canada ETF

In short

EWY Korea in one ticker since 2000: a multi-billion-dollar, heavily traded fund built on a capped index so no single conglomerate swallows the portfolio. Newer rivals charge far less for similar exposure.

FLCA Canada in one ticker, at index-fund pricing. FLCA tracks the FTSE Canada Capped Index, about 50 large- and mid-cap Canadian names, for 0.09% a year.

Stated mandate

EWY The fund seeks to track an index of South Korean equities, providing targeted exposure to companies in South Korea.

FLCA The fund seeks to track the FTSE Canada Capped Index, which measures the performance of Canadian large- and mid-capitalization stocks.

Why people hold it

  • EWY Trading since 2000, through every Korean boom and bust, and still a multi-billion-dollar fund that is very actively traded.
  • Tracks the MSCI Korea 25/50 Index, a capped build that limits how far any single issuer can dominate roughly 80 holdings.ishares.com
  • One ticker buys the South Korean equity market: no ADR hunting, no local brokerage account.ishares.com
  • FLCA 0.09% a year against a 0.45% median for index-tracking ETFs. On plain-vanilla country exposure, the fee gap is most of the story.
  • The mandate is refreshingly plain: the FTSE Canada Capped Index, Canadian large and mid caps, no factor tilts, no derivatives overlay.
  • Live since 2017 and one of the stronger implementations in a crowded field of index trackers.

Worth knowing

  • EWY At 0.59% a year it runs above the typical single-country developed fund, and Franklin's FLKR charges 0.09% for Korea exposure.
  • Everything rides on one country and roughly 80 names, so Korean policy, sector cycles and won moves land directly in the price.
  • Income arrives annually or semiannually, not on a monthly drip.
  • FLCA About 50 stocks in one country. That is a targeted slice of the world, not a diversified core.
  • Mid-sized and moderately traded, so limit orders are the sane way in and out.
  • Distributions arrive once or twice a year rather than quarterly, which matters if you spend the income.

Full EWY profile⁠

Full FLCA profile⁠

EWY vs FLCA Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EWY vs FLCA Cost

Overpaying EWY vs FLCA

$9,737

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EWY 0.59%

    $11,635

  • FLCA 0.09%

    $1,898

$10,000
30 years

Cost over time

  • EWY 0.59%
  • FLCA 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530EWY $11,635FLCA $1,898

Year by year

YearEWYFLCAOverpaying
10$1,058$165$893
20$4,051$646$3,405
30$11,635$1,898$9,737

Expense ratio

  • 0.59%EWY
  • 0.09%FLCA, cheaper
  • Middle half of Developed Single Country funds
  • Median 0.50%

FLCA cheapest of 38 funds

EWY 29th cheapest of 38 funds

EWY vs FLCA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EWY 1.33%
FLCA 1.70%, better
Payout (12M)
EWY $2.04
FLCA $0.92
Last payment
EWY $2.04
FLCA $0.39
Ex-dividend
EWY Dec 16, 2025
FLCA Jun 26, 2026
Paid on
EWY Dec 19, 2025
FLCA Jul 6, 2026
Frequency
EWY Annual
FLCA Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

EWYAnnual · 9 paymentsAll EWY payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 19, 2017 $2.18; Dec 18, 2018 $0.79; Dec 16, 2019 $1.31; Dec 14, 2020 $0.63; Dec 13, 2021 $1.68; Dec 13, 2022 $0.70; Dec 20, 2023 $1.65; Dec 17, 2024 $1.30; Dec 16, 2025 $2.04. Use the arrow keys to read each point.$0$2.502017202020232026YTD
FLCATwice a year · 19 paymentsAll FLCA payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Dec 20, 2017 $0.02; Jun 20, 2018 $0.18; Dec 20, 2018 $0.46; Jun 11, 2019 $0.23; Dec 11, 2019 $0.37; Jun 11, 2020 $0.26; Dec 14, 2020 $0.42; Jun 10, 2021 $0.24; Dec 13, 2021 $0.44; Dec 30, 2021 $0.02; Jun 17, 2022 $0.05; Dec 16, 2022 $0.60; Jun 16, 2023 $0.30; Dec 15, 2023 $0.52; Jun 21, 2024 $0.36; Dec 20, 2024 $0.55; Jun 20, 2025 $0.37; Dec 19, 2025 $0.53; Jun 26, 2026 $0.39. Use the arrow keys to read each point.$0$2.502017202020232026YTD

EWY vs FLCA Risk

Fall from peak · 5 years

  • EWY
  • FLCA
Oct 29, 2021 to Oct 30, 2026. Worst fall: EWY −40.6% · Sep 2022. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EWY 43.8%FLCA 13.1%, better
Return per unit of riskSharpe ratio, 3 years
EWY 0.95FLCA 1.54, better
Worst fallMax drawdown, 5 years
EWY −40.6%FLCA −24.2%, better
Market sensitivityBeta, 5 years
EWY 2.40FLCA 0.81

EWY and FLCA in the news

All news⁠

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